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Macmahon FY profits up, outlook strong
20-August-08
Written by AAP
Engineering contractor Macmahon Holdings Ltd expects its profit for this year to grow at the higher end of its 20 to 30 per cent guidance range, after reporting a lift in full year earnings.
Macmahon today reported a net profit for the 12 months to June 30 of $48.7 million, up 9.7 per cent on the prior corresponding period.
"Macmahon already has $1.2 billion of revenue secured for the 2009 full year and, as per previous guidance, is expecting to deliver annual profit growth of 20 to 30 per cent," the company said.
Article continues...
20-August-08
Written by AAP
Engineering contractor Macmahon Holdings Ltd expects its profit for this year to grow at the higher end of its 20 to 30 per cent guidance range, after reporting a lift in full year earnings.
Macmahon today reported a net profit for the 12 months to June 30 of $48.7 million, up 9.7 per cent on the prior corresponding period.
"Macmahon already has $1.2 billion of revenue secured for the 2009 full year and, as per previous guidance, is expecting to deliver annual profit growth of 20 to 30 per cent," the company said.
Article continues...
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